Because of this temporary trend that many dealers are being
guided into by different initiatives wholesale less, retail illogical units
based on their brand, fewer and fewer real cars are turning up at auctions (I say
temporary because sooner or later this fad will catch up with them and we’ll be back to
business as usual. It’s actually
happening now in many cases). If you
took a few minutes to look at pre-sale inventory there is close to nothing other
than units that are one click off of industrial waste offered for sale at
auction. When you look at what’s for sale at the average auction it is a raft
of rental slugs, 150,000 mile junks, and anything that is almost a car has a bad Car
Fax.
Just like every week, 52 per year, we have 600 units at
Manheim. I am sitting in the office reviewing
the merch. I am not bragging, but I
believe the group we pinched a spectacular group. They are 100% unique in that there in not a
single auction in North America that even gets close the volume, depth, quality,
and transparency than this group. Best
of all they will all have new owner’s by Friday, every one of them. There is no other venue in the country that
can make this claim. We are taking no
hostages.
In addition, none of
what we are selling have been offered for sale on OVE, Open Lane, or anyplace else. They are straight off the street (this week,
motor still warm from being traded) and in open commerce for the first
time. And by the way, as always, we tell
you when we know a unit has a caution on Car Fax as I am not in the trickster
business. I believe I am the only seller in the country
that announces the fact when there is a car that has a caution on Car Fax. We don’t just tell you the positive, I tell
you the negative…and price those bitches to sell, not to trick. There are no sunglasses and mustache packages
on these hamburgs.
Special bonus: If you
know of someone else that, by design, discloses a negative hit on Car Fax I
would love to know who it is. Please
email me, I’ll send you a $500 reward (must be documented).
As fewer real cars are showing up at the auction we continue
to buck the trend. We have 600 units, 350 are under 30,000 miles. All of them are first time to the market,
priced to the current market and will be sold.
As always, we are the nation’s highest volume, highest conversion seller. Not just at Manheim, but anywhere. I don’t put signs up acting like I am
selling, I actually sell. Talking the
talk is a light year away from walking the walk. It’s why an original Picasso costs millions
and a photograph of one is free, one is
real and the other is bull dung.
Before you log into our lanes, do some pre-sale research
around the country. There is nothing but
hogs, off lease rerun duplicates, and sellers looking to get double retail for
shop rejected doinkers. Then look again
just to be sure. After that, log into
our party. As hard to believe as it
seems, just like a factory, out pops a string of wild merch getting sold for
too much, too little, on the money, or whatever, but really getting sold, not
talking BS and wasting your time. Sit
back, get your favorite beverage, or case thereof, order some take-out and
enjoy the show, taking the doe and letting them go (I am a wholesaler, never
claimed to be a poet).
I would love to see your face at our place, the 17545, but
if you can’t make it, log on the our sale on Simulcast. Have fun, pay attention, and pinch a few for
yourself.
I hope you are having fun, I am still having a ball.